Do You Have Gun Stocks in Your Funds?

Investors looking to make changes amid gun violence can easily divest from gun stocks ... though it's trickier if they own them through funds.

Bullets over dollar bills
(Image credit: Getty Images)

Mass shootings in the U.S. have become a quotidian part of American life. Just as the public was struggling to understand the May rampage at a Uvalde, Texas, elementary school that left 19 students and two teachers dead, the carnage of a July Fourth shooting in Highland Park, Illinois, has shocked the country yet again.

If it feels like there are more firearm deaths and injuries in the news, it is because there really are. Add in suicides, accidents and other homicides, and deaths from firearms have more than tripled since 2014. Firearms are now the leading cause of death among U.S. children and teens age 1 to 19, overtaking automobile crashes and cancer.

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Ellen Kennedy
Personal Finance Editor, Kiplinger.com

Ellen writes and edits personal finance stories, especially on credit cards and related products. She also covers the nexus between sustainability and personal finance. She was a manager and sustainability analyst at Calvert Investments for 15 years, focusing on climate change and consumer staples. She served on the sustainability councils of several Fortune 500 companies and led corporate engagements. Before joining Calvert, Ellen was a program officer for Winrock International, managing loans to alternative energy projects in Latin America. She earned a master’s from the U.C. Berkeley in international relations and Latin America.